Title 15, Commerce and TradeRelease 119-110

§9572 Composition and Term

Title 15 › CHAPTER 120 — MINORITY BUSINESS DEVELOPMENT › SUBCHAPTER V — MINORITY BUSINESS ENTERPRISES ADVISORY COUNCIL › § 9572

Last updated Sep 22, 2026|Official source

Summary

Creates a Council of 9 private members and reps from 10+ federal agencies tied to business formation. Under Secretary names one private member Chair for 1 year. Members serve 2-year terms, may be reappointed, and meet on Under Secretary request.

Full Legal Text

Title 15, §9572

Commerce and Trade, Source: USLM XML via OLRC

(a)Composition
The Council shall be composed of 9 members of the private sector and 1 representative from each of not fewer than 10 Federal agencies that support or otherwise have duties that relate to business formation, including duties relating to labor development, monetary policy, national security, energy, agriculture, transportation, and housing.
(b)Chair
The Under Secretary shall designate 1 of the private sector members of the Council as the Chair of the Council for a 1-year term.
(c)Term
The Council shall meet at the request of the Under Secretary and members shall serve for a term of 2 years. Members of the Council may be reappointed.

Reference

Citations & Metadata

Citation

15 U.S.C. § 9572

Title 15, Commerce and Trade

Last Updated

Sep 22, 2026

Release point: 119-110